Opal Energy Corp. (the �Company�) (TSX-V: OPA) announces today that it has identified a Wilcox Trend natural gas prospect, which could hold quantities of prospective resources similar to those of its other �Big Bcf� prospects. The prospect was identified through an initial review of preliminary data from the Company�s recent 3-D seismic survey in a 75 sq. mi. region of Victoria County, Texas. Pursuant to an agreement with Sanchez Oil & Gas Co., the Company has elected to purchase a 50 percent net lease participation in the prospect.  

Including the one recently identified, the Company now has operating interests in five �Big Bcf� prospects. These also include its Boettcher, Dolan, Kane-Brandon and Vitera prospects, at estimated total depths of 15,500 to 18,500 feet.

The Company completed the data acquisition phase of the 3-D seismic survey in February 2008 and is in the final stages of processing the data, which it anticipates will yield prospects ranging from shallow, relatively low-risk Miocene and Frio prospects, to deeper and higher potential Yegua and Wilcox sands.

Opal CEO Barry Williamson commented, �We are extremely pleased to add a fifth �Big Bcf� prospect to our inventory. We look forward to finishing the data processing phase of our 3-D seismic survey and to commencing drilling activities, when preparations are completed.�   

Opal Energy Corp.

Opal Energy Corp. is an independent exploration and production company, focused on developing onshore natural gas resources in South Texas. Key components of its strategy include the use of proprietary 3-D seismic surveys, concentration on underexplored regions, and reliance on a team of highly experienced E&P professionals, based primarily at the company�s U.S. headquarters in Katy, Texas. Listed on the TSX-V Exchange (TSX-V: OPA), the company also maintains a corporate office in Vancouver, B.C., Canada and a satellite office in Victoria, Texas.